Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Samsara Inc. continues to demonstrate robust performance in the SaaS market, achieving $1.26 billion in Annual Recurring Revenue (ARR) and a 36% growth rate. The company also maintains a 4% free-cash flow margin, resulting in a market capitalization of $24 billion, which is nearly 20 times its ARR. Samsara's sustained high growth is supported by three scaled products, each growing over 30% year-over-year at hundreds of millions in ARR. The company is also innovating with new products such as asset tags, connected workflows, training, and AI chat. Samsara exemplifies the public market's demand for top-tier growth and efficiency, leveraging operating efficiency to sustain its market position.
Always love this chart from our friends at Guggenheim Securities - the most recent version shows effective valuation equivalency between cloud software companies with FCF margins over 30% but growing only 10-20% and companies growing 20-30% but with only 10-20% FCF margins; clear… https://t.co/wzp90nF4IK
Another great @Samsara qtr - sustained high growth at scale and continued operating leverage. A few nuggets that stood out: - 3 scaled products all growing >30% y/y at hundreds of million ARR each! - Innovating new products: asset tags, connected workflows, training, AI chat… https://t.co/A0UI0KLKeu https://t.co/Q2YrX66vY4
So what exactly do the public markets want today in SaaS? Top-tier growth >and< efficiency That's Samsara: ➡️1.26B in ARR ➡️ 36% growth (!) ➡️4% free-cash flow margins 👍 an epic $24B market cap ⏫almost 20x ARR Efficiency is great. But alone, it's not enough https://t.co/0jPBLEKETA
